Steel News

Danieli Contracted for Russian Blast Furnace Reline

07 August 2017 - Danieli Corus has been awarded a contract to reline the No. 1 blast furnace at Russia’s Magnitogorsk Iron & Steel Works.

Breakout Reported at Illinois Bar Mill

07 August 2017 - Firefighters were summoned to the Alton Steel meltshop early Saturday morning after 100 tons of molten steel broke out of a ladle, according to The (Alton, Ill.) Telegraph.

voestalpine Deepens Investment in Powdered Metals, Additive Manufacturing

04 August 2017 - Austria’s voestalpine said it is investing EUR50 million to expand metal powder production for additive manufacturing and to open two 3D printing research and production facilities in Taiwan and Canada.

Cast Components Manufacturer Plans U.S. Facility

04 August 2017 - Kimura Foundry America is setting up a 35,200 square foot facility in Shelbyville, Ind., giving the castings maker its first U.S. manufacturing presence.

Danieli Wins Contract for German Bar Mill Improvements

04 August 2017 - Hennigsdorfer Elektrostahlwerke GmbH has awarded a contract to Danieli to modernize its bar mill in Germany, the equipment supplier has announced.

Saudi Steelmaker Signs Off on EAF Upgrade

04 August 2017 - Saudi Iron & Steel Co. (Hadeed) has signed the performance certificate for a new furnace optimization system on one of its electric arc furnaces.

Tenaris Posts US$73 Million Profit on Rising North America Tube Sales

04 August 2017 - Tubemaker Tenaris SA saw sales of seamless and welded tube increase 31% to 624,000 tons in the second quarter, the company reported.

Better Steel Prices Strengthen Ternium's Second-Quarter Profits

02 August 2017 - Second-quarter profits at Latin American steel producer Ternium rose nearly 62% on higher steel prices, the company said.

Tata Steel Completes Sale of U.K. Pipe Mills

02 August 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced.

thyssenkrupp Forms an Alternative to Tata Steel Europe Combination

02 August 2017 - thyssenkrupp is developing a Plan B to a proposed joint venture for its steel operations, reports the Bloomberg news service.

Outokumpu Divests Welded Pipe Mill in Florida

01 August 2017 - Outokumpu has sold its stainless pipe mill in Wildwood, Fla., USA, to a Taiwanese manufacturer for approximately EUR25 million, or about US$29.5 million, the steelmaker announced on Tuesday.

Primetals Tapped for Bar Mill Upgrades

01 August 2017 - Primetals Technologies has won a contract to modernize a Turkish bar mill, the equipment supplier has announced.

Six Injured in Accident at U. S. Steel's Great Lakes Works

01 August 2017 - Six people were injured Tuesday morning in what is being called an explosion at United States Steel Corporation’s Great Lakes Works in Michigan.

TimkenSteel Posts US$1.3 Million Profit in Second Quarter

31 July 2017 - New steel orders helped pushed TimkenSteel’s second-quarter earnings into the black.

U.K. Steelmaker Fires Up Revamped EAF

31 July 2017 - U.K.-based Sheffield Forgemasters International has completed a US$2.6 million overhaul of its electric arc furnace, the company has announced.

Timing of Section 232 Decision Remains Uncertain

28 July 2017 - U.S. Commerce Secretary Wilbur Ross said he’ll defer to President Donald Trump on the timing of the administration’s Section 232 decision, according to the Reuters news agency.

Old Port Poses An Obstacle to Wire Rod Mill Restart

28 July 2017 - Steel entrepreneur Sanjeev Gupta and his Liberty House Group are counting on using an aging port along the coast of South Carolina to serve a wire rod mil it hopes to acquire from ArcelorMittal and restart.

ArcelorMittal to Expand Auto Steel Capacity Through European Investment

28 July 2017 - ArcelorMittal is planning expand its advanced automotive steel capacity through an investment of approximately US$112.8 million at two of its French mills.

Danieli Wins Order for Wide Plate Mill

28 July 2017 - India’s Mishra Dhatu Nigam Ltd. has awarded a contract to Danieli for a wide plate mill.

USW to Trump: Get on With It Already

27 July 2017 - In regard to the Trump administration’s decision to delay action on new steel trade measures, the United Steelworkers union has this much to say: “What are you waiting for?”